Kirkcaldy YMCA
Latest income
£645k
Latest spending
£725k
Accounts read
FY2026
Financial health, per FY2026 accounts
The accounts state that the charity recorded a net deficit of £56,492 for the year, driven by unfunded inflationary cost pressures despite a significant increase in external funding. Per the trustees' report, unrestricted reserves of £867,046 are maintained to mitigate economic risks and cover pension liabilities, with a designated Business Continuity Fund set to cover nine months of operating costs.
What the accounts disclose
Going concern: doubt noted
“The Board of Management has a reasonable expectation that there are adequate resources to continue in operational existence for the foreseeable future subject to the stability and generation of funding.”
Per FY2026 accounts as filed with OSCR.
Related-party transaction: Fife Council provides elected member representation and a link officer as co-opted non-voting members of the Board.
“Fife Council provide elected member representation and a link officer as co-opted nonvoting members of the Board.” — page 7
Per FY2026 accounts as filed with OSCR.